Insurance Technology Industry News

[February 22, 2013]

Phoenix Up 19.5% Since SmarTrend Uptrend Call (PNX)

Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Phoenix (NYSE:PNX) on December 21st, 2012 at $24.94. In approximately 2 months, Phoenix has returned 19.53% as of today's recent price of $29.81.

In the past 52 weeks, Phoenix share prices have been bracketed by a low of $20.51 and a high of $50.00 and are now at $29.81, 45% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.1%.

Dating to 1851, The Phoenix Companies, Inc. provides financial solutions using life insurance and annuities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Phoenix shares.Log in and add Phoenix (PNX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com
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